Marc Jacobs, his pecs and his abs are now the creative director for Diet Coke. This means he designed "whimsical, feminine" packaging for the brand, which is celebrating its 30th anniversary in Europe.

Designer Tracy Reese was to Today this morning, talking about how thrilled she was to find out that Michelle Obama had chosen to wear her dress at the DNC on Tuesday night. "We were warned there was a possibility, but they weren't sure until the last minute," Reese told Natalie Morales. "We were all crowded around and…

Last night, Michelle Obama gave what's been called a "history-changing" speech. People didn't just notice her eloquence; they noticed her nails, her hair, and that gorgeous dress. A dress that's not just a dress.

Tracy Reese designs clothes that are feminine, fun and — fashion word! — wearable. This collection was no exception, a combo of ladylike and boho whose palette, according to the designer's statement, was made up of "a shot of metallic, antique copper and silver, or a vibrant pop of raspberry, aqua or amber...breathing…

• Lindsay Lohan is leaving rehab today for a very special reason: to shoot a campaign for Kira Plastinina, the bankrupt-but-now-revived fashion label designed by a Russian orange juice oligarch's teen daughter. Remember when Lindsay did campaigns for Miu Miu? [TMZ]

Kick off your sandals, roll a joint and get hip to the beachy, retro vibe from the Tracy Reese show today.

Yes, all the stars of stage, screen and runway were at Lincoln Center's 2010 CFDA Fashion Awards. Yes, it's one of the biggest fashion events of the year. So why was this year's such a snoozefest?

• "I don't give a fuck about red carpets, and I never do them," lies Gaga. "I don't like them. First of all — how could any of these outfits possibly look good with an ugly red carpet under them?" [ToL]

[New York, February 15. Image via Getty]

At any rate, this collection was a 90's teen's dream come true, be she Angela Chase or that Betsey Johnson-sporting teen spirit queen at the Peach Pit!